Skyworks Solutions (NASDAQ:SWKS) Price Target Raised to $85.00 at KeyCorp

Skyworks Solutions (NASDAQ:SWKS) had its price objective boosted by stock analysts at KeyCorp from $75.00 to $85.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the semiconductor manufacturer’s stock. KeyCorp’s price target would indicate a potential upside of 35.96% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, February 4th. Royal Bank Of Canada started coverage on Skyworks Solutions in a report on Wednesday, January 14th. They set a “sector perform” rating and a $65.00 price objective for the company. Mizuho reissued an “underperform” rating and set a $46.00 price objective (down from $60.00) on shares of Skyworks Solutions in a research report on Monday, April 20th. Weiss Ratings downgraded Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. Finally, Morgan Stanley raised their price target on Skyworks Solutions from $69.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $72.56.

Skyworks Solutions Stock Down 13.8%

NASDAQ SWKS traded down $10.04 during trading on Wednesday, reaching $62.52. 1,701,403 shares of the company’s stock were exchanged, compared to its average volume of 3,662,497. Skyworks Solutions has a fifty-two week low of $51.93 and a fifty-two week high of $90.90. The firm has a market capitalization of $9.40 billion, a PE ratio of 24.07 and a beta of 1.48. The company has a current ratio of 2.40, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The company’s fifty day simple moving average is $57.60 and its 200-day simple moving average is $62.57.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The firm had revenue of $943.70 million during the quarter, compared to analyst estimates of $901.76 million. During the same period last year, the company posted $1.24 EPS. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Sell-side analysts predict that Skyworks Solutions will post 3.25 EPS for the current year.

Institutional Trading of Skyworks Solutions

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. United Services Automobile Association bought a new position in shares of Skyworks Solutions in the first quarter worth about $236,000. Focus Partners Wealth increased its stake in shares of Skyworks Solutions by 99.0% in the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock worth $611,000 after purchasing an additional 4,702 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Skyworks Solutions by 137.4% in the second quarter. EverSource Wealth Advisors LLC now owns 2,298 shares of the semiconductor manufacturer’s stock worth $171,000 after purchasing an additional 1,330 shares during the period. Gamco Investors INC. ET AL bought a new position in shares of Skyworks Solutions in the second quarter worth about $259,000. Finally, Gabelli Funds LLC bought a new position in shares of Skyworks Solutions in the second quarter worth about $1,004,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Key Stories Impacting Skyworks Solutions

Here are the key news stories impacting Skyworks Solutions this week:

• Positive Sentiment: Beat analyst expectations — Skyworks reported non‑GAAP EPS of $1.15 and revenue of $943.7M, above consensus, showing operational beat vs. Street forecasts. Skyworks Solutions (SWKS) Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Upside guidance — management set Q3 FY2026 non‑GAAP EPS guidance of $1.03 (well above consensus ~$0.86) and revenue guidance ($900M–$950M) that tops analyst expectations, supporting forward‑looking revenue momentum. Skyworks Solutions forecasts higher revenue on strong chip demand
• Positive Sentiment: Large multi‑generational design win — company secured an Android OEM design win projected to generate $1B+ revenue through 2030, which is material long‑term upside to revenue mix. Skyworks Delivers Strong Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Dividend increase/confirmation — Skyworks declared a quarterly dividend of $0.71 (annualized yield ~3.9%; ex‑div May 26), which supports income investors and can buoy the share price.
• Neutral Sentiment: Earnings call and transcripts available — management commentary is now public (transcripts on Seeking Alpha/Fool); investors will parse the call for color on end‑market demand and inventory cadence. Skyworks Solutions, Inc. (SWKS) Q2 2026 Earnings Call Transcript
• Negative Sentiment: After‑hours selling despite beats — shares fell in after‑hours trade even though results beat, indicating some investors are focusing on weaker GAAP metrics, inventory, or near‑term risks. Skyworks Solutions (SKWS) Stock Is Trending Overnight: Here’s Why
• Negative Sentiment: Rising inventories and weak GAAP profit — reports note inventory build and GAAP diluted EPS of $0.24 (below non‑GAAP), and revenue was flat YoY (down ~1%), which raises concern about near‑term demand normalization and margin pressure. Skyworks Solutions (NASDAQ:SWKS) Reports Upbeat Q1 But Inventory Levels Increase

Skyworks Solutions Company Profile

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.